1)FIXED ASSETS:

Fixed Assets	Land & Buildings	Vehicles	Equipment	Total
Carrying value at beginning of year	2,700,000	-	2,300,000	5,000,000
Cost	2,700,000	-	3,100,000	5,800,000
Accumulated Depreciation	-	-	800,000	800,000
Movements
Additions at cost	-	2,450,000	350,000
Depreciation for the year	-	-	(200,000)	400,000
Disposals at carrying value	600,000	-		600,000
Carrying value at end of year	2,100,000	2,450,000	2,450,000	7,000,000
Cost	2,100,000	2,450,000	3,450,000	8,000,000
Accumulated Depreciation	-	-	1,000,000	1,000,000

2. Cash and Cash Equivalents			2021	2020
Bank			48,000	80,000

Cash float	2,000	-
	50,000	80,000
3. Retained Income	2021	2020
Retained income at beginning of year	550,000	600,000
Net profit after tax	920,000	450,000
Dividends paid and declared	(600,000)	(500,000)
Retained income at end of year	870,000	550,000
4. Trade and Other Payables
Trade creditors	688,000	738,000
Expenses payable (Interest on loan*)	30,000	50,000
SARS (Income tax)	62,000	94,000
Shareholders for dividends	400,000	308,000
* Interest on loan is not capitalised	1,180,000	1,190,000

Prepare the Cash Flow Statement for the year ended 31 December 2021